Real Estate Outlook: Mixed News amid Rising Initial Jobless Claims

It was mixed news this week in the real estate market. While new housing starts were up after a month of declines, existing-home sales were down 3.8 percent from April. What will the rising initial jobless claims mean? Boy oh boy...do you ever feel like you are on a roller Coaster?

What is going on with the homes in St. Augustine?

Anastasia Island's sales have been a bit stronger this year. There have been 271 homes closed through our local MLS year to date. Although they took a bit longer to sell, the $200's price range seems to be the sweet spot.